Industrial Production in Senegal increased 3.30 percent in March of 2020 over the same month in the previous year.

Industrial Production in Senegal averaged 2.69 percent from 2009 until 2020, reaching an all time high of 26.90 percent in August of 2016 and a record low of -22.40 percent in June of 2013. This page provides - Senegal Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. Senegal Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on June of 2020.

Industrial Production in Senegal is expected to be 2.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Senegal to stand at -4.00 in 12 months time. In the long-term, the Senegal Industrial Production is projected to trend around 2.70 percent in 2021 and 3.00 percent in 2022, according to our econometric models.

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Senegal's industrial production increased 1.1 percent year-on-year in September 2019, the least since April, compared to a downwardly revised 3.8 percent rise in the prior month. Within manufacturing, output continued to decline for food (-7.2 percent vs -5.4 percent in August) and building materials (-9.6 percent vs 2.1 percent) while slower growth was recorded for mechanical industries (13.6 percent vs 63.2 percent). At the same time, mining output was flat (vs 0.4 percent) but energy continued to advance solidly (8.1 percent vs 8.0 percent). On a monthly basis, industrial production shrank 4.6 percent, after an upwardly revised 7.2 percent slump in the previous month. Year-to-date, industrial activity grew 2.4 percent compared to the same period a year ago.

2019-11-20

Senegal Industrial Output Growth Highest in Over a Year

Senegal's industrial production advanced 5.9 percent year-on-year in August 2019, the most since July last year, compared to an upwardly revised 4.5 percent rise in the previous month. Within manufacturing, production grew faster for paper & cardboard (33.7 percent vs 20 percent in July); building materials (2.1 percent vs 2.0 percent) and it rebounded for chemicals (7.3 percent vs -9.2 percent) and mechanical industries (63 percent vs -2 percent). However, food production rose much less (5.3 percent vs 26.8 percent). At the same time, energy continued to grow solidly (8 percent vs 10 percent) and mining output recovered slightly (0.4 percent vs -3.6 percent). On a monthly basis, industrial production declined 5 percent, following a 3.1 percent increase in the previous month. Year-to-date, industrial activity grew 2.8 percent compared to the same period a year ago.

Senegal's industrial production grew 5.0 percent year-on-year in June 2019 compared to an upwardly revised 5.2 percent gain in the prior month, as output rose less for energy (8.8 percent vs 13.6 percent in May) and mining (7.1 percent vs 12.9 percent). Within manufacturing, growth was dampened by paper and cardboard (17.2 percent vs 35.8 percent); food (3.5 percent vs 4.6 percent) and mechanical industries (-40.3 percent vs 3.1 percent). On a monthly basis, industrial production shrank 4.7 percent, following a 4.8 percent surge in the previous month. In the first half of the year, industrial activity advanced 2.2 percent compared to the same period a year ago.

2019-08-21

Senegal Industrial Production

In Senegal, industrial production measures the output of businesses integrated in the industrial sector of the economy. Manufacturing is the most important sector and accounts for around 81 percent of total production. The biggest segments within manufacturing are: food (41 percent of total production), chemicals (17 percent of total production) and construction materials (16 percent of total production). Utilities including electricity and water account for 14 percent of total production and mining for the remaining 4 percent.